Deed of Sale

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  • Topic: Cagayan de Oro City, Philippines, Deed
  • Pages : 3 (550 words )
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  • Published : April 14, 2013
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DEED OF ABSOLUTE SALE
 
KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE is made, executed and entered into by:  
        DELILAH S. ESTANISLAO, of legal age, single/married to SAMMY D. ESTANISLAO, Filipino, and with residence and postal address at 151 Corrales Avenue, Cagayan de Oro City, hereinafter referred to as the SELLER  

-AND-
 
       KORINA B. BANCHEZ, Filipino and with residence and postal address at 222 Baygon St., Bayabas, Cagayan de Oro City, hereinafter referred to as the BUYER.  
WITNESSETH; 
 
       WHEREAS, the SELLER is the registered owner of a parcel of land with improvements located at Lot 2 Blk 67 Tomas Morato, Bonbon, Cagayan de Oro City and covered by Transfer Certificate of Title No. 125123 containing a total area of ONE HUNDRED TWO (102) SQUARE METERS, more or less, and more particularly described as follows:  

TRANSFER CERTIFICATE OF TITLE NO. 125123
 
       "A PARCEL OF LAND (Lot 2 Blk 67 of consolidation subdivision plan (LRC) Pcs-13265, being a portion of the consolidation of Lots 4751-A and 4751-B (LRC) Psd-50533,  Lot 3, Psd-100703, Lot 1, Psd-150980, LRC Rec. Nos. Nos. N-27024, 51768, 89632, N-11782, N-13466, and 21071 situated in the Bo. of Tomas Morato, Bonbon,  Cagayan de Oro City. Bounded on NE., point 4 to 1 by Road Lot 22, on SW., point 3 to 1 by Road Lot 19 .to the point of beginning; containing an area of (102) square meters more or less..."  

       WHEREAS, the BUYER has offered to buy and the SELLER has agreed to sell the above mentioned property for the amount of THREE HUNDRED THOUSAND (P 300,000.00) Philippine Currency;  
       NOW THEREFORE, for and in consideration of the sum of THREE HUNDRED THOUSAND (P 300,000.00) Philippine Currency, hand paid by the vendee to the vendor, the SELLER DO HEREBY SELL, TRANSFER, and CONVEY by way of Absolute Sale unto the said BUYER, her heirs and assigns, the certain parcel of land together with all the improvements found thereon, free from all liens...
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